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Big Short’s next move? Australia’s battle against China’s nickel giants

Jan 9, 2024 | Stainless Espresso

9 January 2024 – Australia’s nickel industry is stumbling and has already identified a culprit: Xiang Guangda, also known as “Big Short”, the owner of Tsingshan Holdings. Necessary clean-up at the steel trading giants? Thyssenkrupp and Klöckner...

Europe’s stainless steel market 2024: An optimistic start! – Stainless Espresso

Jan 8, 2024 | Stainless Espresso

8 January 2024 – The European stainless steel market has started 2024 with an optimistic outlook and sees a great deal of pent-up demand coming from the domestic industry. Local steel manufacturers are being overwhelmed by a flood of imports from China, while at...

New EU CBAM scandal: CO2 data farce threatens EU industry! – Stainless Espresso

Dec 29, 2023 | Stainless Espresso

29 December 2023 – Shortly before Christmas, on 22 December 2023, the European Commission published the default data for the upcoming CBAM declarations from January 2024. The Commission had already published the basic studies on this in June 2022 and September...

After tough negotiations: Germany names CBAM authority – Stainless Espresso

Dec 25, 2023 | Stainless Espresso

25 December 2023 – After months of negotiations, Germany finally appoints national CBAM authority: The Federal Environment Agency and the German Emissions Trading Authority (DEHSt) take on the job. And there was a devastating explosion in a nickel factory in...

Scrap: China maintains 40% export tariffs in 2024 – Stainless Espresso

Dec 22, 2023 | Stainless Espresso

22 December 2023 – China maintains 40% export tariffs on ferrous scrap and stainless steel scrap in 2024. And the Stainless Espresso and Gerber Group team wishes you happy holidays. Source

EU Safeguard measure on steel will be extended – Stainless Espresso

Dec 21, 2023 | Stainless Espresso

December 21, 2023 – The drama over steel tariffs between Europe and the United States continues, despite an agreement to extend the punitive tariff suspension until March 2025. Is the EU’s Safeguard measure on steel going into extension? British inflation...
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